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King
King (@guest_1731473)
November 6, 2023 18:37

Anyone have a $50 referral link?

A
A (@guest_1562441)
February 23, 2023 13:22

Did anyone get a 1099 from them?

mothman69
mothman69 (@guest_1562716)
February 23, 2023 18:08
  A

I did not.

Count de Monet
Count de Monet (@guest_1523892)
January 1, 2023 20:43

Any reason to keep this account open? I haven’t had any luck using it as DD, anyone else?

bankbonus
bankbonus (@guest_1464705)
October 13, 2022 17:34

They’re offering a boosted $75 referral bonus through October for a deposit of $100:

https://relayfi.com/referral-program-terms

RJ
RJ (@guest_1566603)
March 1, 2023 17:47

I’m late but used your link and went pending. Thanks

bankbonus
bankbonus (@guest_1567806)
March 3, 2023 02:30
  RJ

Thanks! I haven’t seen anything post yet, but hopefully it will once yours posts

bankbonus
bankbonus (@guest_1587262)
March 29, 2023 04:12
  RJ

It posted last week, thanks again RJ !

King
King (@guest_1731507)
November 6, 2023 19:43

Is your referral link currently active?

bankbonus
bankbonus (@guest_1731623)
November 7, 2023 00:46

It should be. They don’t have the referral links listed on their site, but as far as I know the one they emailed me last year should still work

pdxsymbol
pdxsymbol (@guest_1457634)
October 3, 2022 17:41

Shutdown notice today. Barely used the account. Less than 10k of activity as a former Brex customer.

“Your account has been locked by our compliance team. This is most often due to concerns around or transactions in Relay, or with the documentation for or the nature of the business.”

Acid Bath
Acid Bath (@guest_1416051)
July 28, 2022 02:39

Anyone else having issues with ACH transfers from Relay to another external account (even in your own name), getting cancelled all the time?

Acid Bath
Acid Bath (@guest_1399025)
June 23, 2022 02:30

Approved and never asked to send Brex closure email and I applied thru the link with the Brex promo

mothman69
mothman69 (@guest_1398887)
June 22, 2022 18:26

6/19 – opened account and forwarded Brex closure email
6/22 – initial funding and $150 bonus both posted

I’m testing DD capability using “Payroll” in the memo field when sending an ACH payment. I should have results from BMO Harris and SoFi by 6/24.

mothman69
mothman69 (@guest_1399059)
June 23, 2022 08:05

DP: Using “Payroll” in the memo field shows up as “Direct Deposit” for SoFi. BMO Harris is still pending but shows as “WEB RELAY”. Looks like Relay might just be a great alternative for DDs.

Acid Bath
Acid Bath (@guest_1399061)
June 23, 2022 08:08

Good note 🙂

AllenW
AllenW (@guest_1399131)
June 23, 2022 11:02

Testing if it sends as PPD hopefully will know by tomorrow. Testing SoFi and a CU. Also hopeful the Bonus posts tomorrow for the $150 Noting yet but the opening funds just appeared today.

I know the Description what is important part for SoFi and not so much for the type.

AllenW
AllenW (@guest_1401395)
June 28, 2022 10:36

don’t think the memo field means anything for the recipient.

In regards to SoFi it shows as direct deposit because I believe it came from business or the word Credit is in the string which happens to work along side payroll or direct dep

Tested relay to lmcu and it shows as a ach web type. “Credit” is within the memo.

mothman69
mothman69 (@guest_1401842)
June 29, 2022 07:58

AllenW You might be right. SoFi appears to be an anomaly because nearly everything else is showing up as “WEB Relay, Credit” or “Relay, Credit”. The “Payroll” memo doesn’t appear to be being processed at the destination banks.

Chris - SmoothSailing.com
Chris - SmoothSailing.com (@guest_1404778)
July 5, 2022 09:59

I can confirm Relay also doesn’t count as direct deposit at HMBradley or One Finance. Bummer because Brex worked for both.

JNg
JNg (@guest_1398863)
June 22, 2022 17:40

I did all the initial things they asked for and because it’s an LLC, I also had my other business owner to upload his ID and video. Now they are asking for website, bank statements, proof of funding etc. I told them to just not proceed with the account opening. I don’t have a website and I told them, but I can provide the other things they asked for. They said no, they need everything. Seems like YMMV.

brandon
brandon (@guest_1402056)
June 29, 2022 14:31

odd, they don’t seem to have a consistent standard. I have a LLC that is pretty dormant–the bank account is just for funding a brokerage account under the LLC name. I don’t have any website and my addresses on bank statements were not the same as the address I use in Relay application. They were fine after I explained these to them

JNg
JNg (@guest_1402578)
June 30, 2022 11:38

Update: After I wrote an email and told them to not open the account, the account was mysteriously approved today. Lol.

AllenW
AllenW (@guest_1398732)
June 22, 2022 12:40

P1/P2 Applied and Approved within hours. (EINs not Sole Prop)

Did the whole authorize video and uploaded the documents. 1 of 2 accounts I didn’t have a website so I put na.com in it. In my description of the business it was clear a website wasn’t needed and I wasn’t asked or pushed for one even though it was a mandatory field.

Relays support has been super helpful. Had a few questions for them leading up to taking this offer. Was very prompt when answering which is nice. Pretty much same day approvals.

After sending the Brex closure notification – received the message that I would receive the bonus after funding was done. Not funding amount or timeline was given but reading other DPs here I will give it time like one person received a 2 week notification for bonus turn around.